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CAPP lobby group names Lisa Baiton as new president and CEO

CAPP lobby group names Lisa Baiton as new president and CEO

CALGARY — The Canadian Association of Petroleum Producers has named Lisa Baiton as its new president and CEO. Baiton replaces outgoing president and CEO Tim McMillan, who has led the oil and gas lobby group for the last eight years.
Customer service problems continue to plague Transat — and entire sector — CEO says

Customer service problems continue to plague Transat — and entire sector — CEO says

MONTREAL — Transat A.T. chief executive Annick Guérard says the tour operator is working to improve the long phone-wait times and customer service frustrations plaguing the airline sector throughout the pandemic.
War not affecting Ukrainian rocket supplier for Nova Scotia spaceport project: CEO

War not affecting Ukrainian rocket supplier for Nova Scotia spaceport project: CEO

HALIFAX — The company planning to build Canada’s first spaceport in northeastern Nova Scotia says the war in Ukraine has not affected its plans to source rockets from the embattled European country.
Teck Resources reports record first-quarter profit; Chile copper mine nearly finished

Teck Resources reports record first-quarter profit; Chile copper mine nearly finished

Teck Resources Ltd. posted another record quarterly profit Wednesday, putting the company in strong financial position as it gears up for the completion of its massive new QB2 copper mine in Chile later this year.
Twitter needs to be thoughtful in its approach to a potential edit feature: Experts

Twitter needs to be thoughtful in its approach to a potential edit feature: Experts

TORONTO — As Elon Musk moves forward with his efforts to buy Twitter and potentially bring in a range of changes, social media experts say adding an edit feature is not as simple as it seems and could have negative consequences.
Elon Musk quest to scrap deal over 2018 tweets is rejected

Elon Musk quest to scrap deal over 2018 tweets is rejected

DETROIT (AP) — Elon Musk’s request to scrap a settlement with securities regulators over 2018 tweets claiming he had the funding to take Tesla private was denied by a federal judge in New York.
RBC report says inflation and rising rates will hurt low income Canadians most

RBC report says inflation and rising rates will hurt low income Canadians most

TORONTO — A report by RBC Economics says inflation and rising borrowing costs will affect all Canadian households, but low income Canadians will feel the sharpest sting.
CGI reports $372M Q2 profit, up from $341.2M a year earlier, revenue also climbs

CGI reports $372M Q2 profit, up from $341.2M a year earlier, revenue also climbs

MONTREAL — CGI Inc. reported a profit of $372 million in its latest quarter, up from $341.2 million a year earlier, as its revenue grew six per cent. The business technology and consulting firm says the profit amounted to $1.
Poland, Bulgaria say Russia suspending natural gas supplies

Poland, Bulgaria say Russia suspending natural gas supplies

WARSAW, Poland (AP) — Polish and Bulgarian officials said Tuesday that Moscow is cutting off natural gas deliveries to their countries due to their refusal to pay in Russian rubles , a demand made by President Vladimir Putin after sanctions were levi
CN Rail profits dip amid supply chain snarls, lower grain exports

CN Rail profits dip amid supply chain snarls, lower grain exports

MONTREAL — Canadian National Railway Co. on Tuesday lowered its earnings forecast for the year after profits sagged in its first quarter.
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